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USACTNew HavenWestville55 Marvel Rd
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$1,800,000

55 Marvel Rd, New Haven, CT

Real Estate

For Sale

$--,---,---
17119
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 10204 sqft
Garage Yes
Taxes $29,935
Days Active 5
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $176
MLS® Number 24125098

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Own a unique piece of New Haven History! This gorgeous jazz-age apartment building in the heart of Westville features 9' ceilings, hardwood floors, lovely moldings & balusters. Most of the original craftsmanship remains, waiting to be brought back to full glory. Sit in the shaded courtyard or generous apartments and you can almost hear Billie Holiday singing "Night & Day" while Cole Porter taps along.... Grandfathered as-built in 1926, the building sits on a quiet, highly coveted mostly single-family residential block in an RS2 zone; it's like may never be built again. Based on apartment layouts, doors, windows, & moldings, it appears 10 apartments + superintendent unit were original design. Used as 11 units since at least the 1950s, the building is designated as 11 units with LCI, which has regularly inspected. Certificate of Occupancy however was issued in 1926 for 8 units; buyers must do their diligence about bringing non-conforming units into compliance. 4 units will be empty at closing, ready for new owners to update to taste & re-rent (or sell, if condos are preferred). 7 other tenants hope to stay, but understand that if so, rents will need to increase. The empty 3rd floor features over 5000 sq ft of potentially developable space + some 4000 sq ft more in the lower level., See attached pro forma financials and 3rd floor/attic floor plan (in photos). Additional floor plans coming soon.Show Description
MLS® Number24125098
Laundry LevelCoin Op Laundry, Basement
Central VacNo
FireplaceNo
Acreage0.35
ExteriorGutters, Garden Area, Lighting
GarageYes
Approx. Age1920
BasementFull, Storage, Apartment, Interior Access, Partially Finished, Concrete Floor, Full With Walk-Out
DrivewayCarport, Detached Garage, Off Street Parking
Garage Spaces
HeatOil, Hot Water, Steam
A/CNone
Heating Fuel

Extras

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